DEADLINE ALERT: Lundin Law PC Announces Securities Class Action Lawsuit Against Marvell Technology Group Ltd. And Strongly Ad...
November 04 2015 - 7:13PM
Business Wire
Lundin Law PC announces that a lawsuit has been filed against
Marvell Technology Group Ltd. (“Marvell” or the “Company”) (Nasdaq:
MRVL) concerning possible violations of federal securities laws
between November 20, 2014 and September 10, 2015. Investors who
purchased or otherwise acquired shares are urged to contact the
Firm in advance of the November 10, 2015, lead plaintiff motion
deadline.
To join this class action lawsuit, please contact Brian Lundin,
Esquire, of Lundin Law PC, at 888-713-1033, or via email at
brian@lundinlawpc.com, or visit our website at
www.Lundinlawpc.com.
On September 11, 2015, Marvell announced that it was performing
an internal investigation of certain accounting and internal
control issues. Marvell claimed that the investigation comprises a
review of certain revenue recognition issues in the second quarter
of fiscal 2016. Then, on October 26, 2015, Marvell announced that
Pricewaterhouse Coopers LLP (“PwC”) had resigned as its outside
auditor. PwC questioned whether the Company’s management had set a
“tone for effective control” in its resignation. When the truth
reached the investing public, shares dropped sharply causing
investors harm.
No class has been certified in the above action. Until a class
is certified, you are not considered represented by an attorney.
You may also choose to do nothing and be an absent class
member.
Lundin Law PC was created by Brian Lundin, a securities
litigator based in Los Angeles.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20151104007009/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile:
888-713-1125brian@lundinlaw.comwww.Lundinlawpc.com
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